India’s electric vehicle (EV) market registered a significant uptick in sales, crossing 1.7 million units in the fiscal year 2024, according to a report by JMK Research & Analytics. The report detailed that electric two-wheelers (E2Ws) constituted over 55% of the annual EV sales, totaling 41,35,077 units by the end of FY2024. The passenger electric […]
Category: Power
Power
Blaze in NTPC’s superthermal power plant in Jharkhand: NGT issues notice
The National Green Tribunal has sought a response from the authorities, including the administrative head of NTPC’s North Karanpura superthermal power plant in Jharkhand’s Chatra district, regarding the massive fire that engulfed a unit last month. The National Green Tribunal (NGT) was hearing a matter where it had taken suo motu cognisance of a PTI […]
Power consumption rises 11 pc to 144.25 billion units in April
India’s power consumption rose around 11 per cent to 144.25 billion units (BU) in April as compared to the year-ago period, mainly due increase in temperatures. In April 2023, the power consumption stood at 130.08 BU, a government data showed. The highest supply in a day (peak power demand) also rose to 224.18 GW in […]
Avaada Energy secures Rs 1,190 crore loan from SBI for solar project
Avaada Energy on Thursday said that it has secured Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India. The financing, sanctioned and disbursed as a 20-year project loan facility, will support the development of a 400 MWp utility-scale solar PV power project in the Surendra Nagar district […]
GE T&D India gets order from Powergrid to set up transmission asset management centre in Odisha
GE T&D India on Wednesday said it has secured an order from Powergrid to set up a state transmission asset management centre (STAMC) in Odisha. The centre will help Odisha Power Transmission Corporation Limited (OPTCL) to operate the grid through real-time monitoring and control. It will help OPTCL to optimize grid operations, integrate renewable energy […]
Waaree Energies Limited bags 400 MW solar module supply contract from GIPCL
Waaree Energies Limited secured a significant contract from Gujarat Industries Power Company Limited (GIPCL) for the supply of 400 MW solar PV modules as a part of the ongoing efforts to bolster renewable energy infrastructure and meet the growing demand for clean energy solutions. Under the agreement, Waaree Energies Limited will provide solar PV modules […]
Envision Energy to supply 588 MW of wind turbine generators to Hero Future Energies
Envision Energy and Hero Future Energies have entered into a framework agreement aimed at advancing cooperation in the renewable energy sector. The agreement encompasses various aspects, including the supply of Wind Turbine Generators (WTGs), Battery Energy Storage Systems (BESS), and Green Hydrogen technologies. As part of the agreement, Envision Energy will supply 588 MW of […]
Free electric vehicle charging in Karnataka at over 400 Static points
Statiq, an electric vehicle charging network with over 400 operational EV charging points in Karnataka, has rolled out a free charging campaign in the region. The company says that as many users primarily rely on home charging and are hesitant to explore public charging options for long-distance travel, it seeks to encourage users to give […]
CESC acquires company engaged in under-construction 300 MW solar park in Rajasthan
CESC Ltd on Friday said one of its step-down subsidiaries has completed the acquisition of a company that is in the process of implementing a 300-MW solar park in Rajasthan. The acquisition aims at bolstering the renewable energy portfolio of the power utility. In a regulatory filing, CESC said Purvah Green Power has completed the […]
Hitachi Energy plans India expansion, local ops amid rising power demand
Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country. Zurich-based Hitachi Energy, which makes transformers and large-scale power transmitters, operates a GCC in the country, where high power demand has led to […]
China’s EV survival game creates peril – and power
By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that’s just what it is getting. Automakers are expected to launch 110 EVs and plug-in hybrids in […]
Karnataka, Gujarat continue to lead country’s clean energy transition race
Karnataka and Gujarat continue to lead the race to clean energy transition, but states like Jharkhand, Bihar, West Bengal and Uttar Pradesh need to step up efforts, according to a new report released on Tuesday. The joint report by research organisation, Institute for Energy Economics and Financial Analysis (IEEFA), and clean energy think tank Ember […]